Harrah's Entertainment, the world's largest casino operator, said it is "not pursuing its initial public offering of common stock at this time due to market conditions."
The company had been planning a $532 million IPO, The Wall Street Journal reported.
The company had been planning a $532 million IPO, The Wall Street Journal reported.

The U.S. casino gaming market is finally improving, according to a recently released report from Moody's Investor Services. After more than two years of negative outlooks, Moody's has changed its view to neutral and recognizes "signs [that the] industry has bottomed out."